Ligand Pharmaceuticals Inc
LGND- Exchange
- Nasdaq
- Industry
- Pharmaceutical Preparations
- SEC CIK
- 0000886163
In the last 90 days, Ligand Pharmaceuticals Inc insiders filed 0 open-market purchases and 6 sales; 416 institutions reported holding it in 13F filings for Q2 2026, worth $7.15B in total; no superinvestor holds it.
13F holders, Q4 2025
Institutional positions in Ligand Pharmaceuticals Inc as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 351
- +41 vs. Q3 2025
- Shares held
- 20.6M
- +53.6K (+0.3%) vs. Q3 2025
- Total value
- $3.89B
- +$254.6M (+7.0%) vs. Q3 2025
- New holders
- 71
- 111 more added
- Sold out
- 30
- 115 more reduced
4 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 2025: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting LGND on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 416 | $7.15B |
| Q1 2026 | 359 | $4.15B |
| Q4 2025 | 351 | $3.89B |
| Q3 2025 | 314 | $3.63B |
| Q2 2025 | 271 | $2.18B |
| Q1 2025 | 262 | $1.97B |
| Q4 2024 | 259 | $1.96B |
| Q3 2024 | 243 | $1.81B |
| Q2 2024 | 235 | $1.45B |
| Q1 2024 | 222 | $1.21B |
| Q4 2023 | 211 | $1.15B |
| Q3 2023 | 197 | $946.5M |
| Q2 2023 | 204 | $1.12B |
| Q1 2023 | 213 | $1.10B |
| Q4 2022 | 198 | $983.5M |
| Q3 2022 | 205 | $1.28B |
| Q2 2022 | 198 | $1.33B |
| Q1 2022 | 207 | $1.76B |
| Q4 2021 | 221 | $2.51B |
| Q3 2021 | 208 | $2.29B |
| Q2 2021 | 212 | $2.09B |
| Q1 2021 | 228 | $2.35B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Ligand Pharmaceuticals Inc; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 2,940,231 | $555.9M | 0.01% | +55,704+1.9% | Added |
| Vanguard Group Inc | 2,073,892 | $392.1M | 0.01% | −2,391−0.1% | Reduced |
| Janus Henderson Group PLC | 995,400 | $188.2M | 0.08% | −46,978−4.5% | Reduced |
| State Street Corp | 751,205 | $142.0M | 0.00% | +1,845+0.2% | Added |
| Nomura Asset Management International Inc. | 644,093 | $121.8M | 0.18% | +644,093 | New |
| FMR LLC | 579,155 | $109.5M | 0.01% | +121,924+26.7% | Added |
| Chicago Capital, LLC | 561,423 | $106.1M | 2.62% | −7,188−1.3% | Reduced |
| Invesco Ltd. | 516,464 | $97.6M | 0.01% | +138,169+36.5% | Added |
| Massachusetts Financial Services Co | 507,019 | $95.9M | 0.03% | −34,826−6.4% | Reduced |
| Stephens Investment Management Group LLC | 501,040 | $94.7M | 1.23% | −53,502−9.6% | Reduced |
| Franklin Resources Inc | 496,160 | $93.8M | 0.02% | +266,304+115.9% | Added |
| Geode Capital Management, LLC | 493,589 | $93.3M | 0.01% | +19,400+4.1% | Added |
| Congress Asset Management Co | 480,063 | $90.8M | 0.64% | −187,248−28.1% | Reduced |
| Dimensional Fund Advisors LP | 432,992 | $81.9M | 0.02% | −90,921−17.4% | Reduced |
| Goldman Sachs Group Inc | 429,004 | $81.1M | 0.01% | +61,209+16.6% | Added |
| Loomis Sayles & Co L P | 382,677 | $72.4M | 0.09% | −17,876−4.5% | Reduced |
| UBS Asset Management Americas Inc | 363,584 | $68.7M | 0.01% | −13,017−3.5% | Reduced |
| Deutsche Bank AG | 307,871 | $58.2M | 0.02% | +339+0.1% | Added |
| Rice Hall James & Associates, LLC | 279,627 | $52.9M | 2.91% | −14,863−5.0% | Reduced |
| Ranger Investment Management, L.P. | 269,983 | $51.0M | 3.50% | −5,357−1.9% | Reduced |
| Victory Capital Management Inc | 256,410 | $48.5M | 0.03% | +1,605+0.6% | Added |
| Northern Trust Corp | 250,640 | $47.4M | 0.01% | −15,322−5.8% | Reduced |
| Ashford Capital Management Inc | 213,778 | $40.4M | 4.50% | −30,652−12.5% | Reduced |
| Private Capital Management, LLC | 208,891 | $39.5M | 3.75% | −18,267−8.0% | Reduced |
| Villere St Denis J & Co LLC | 202,452 | $38.3M | 3.84% | −77,498−27.7% | Reduced |
| Morgan Stanley | 193,402 | $36.6M | 0.00% | +4,701+2.5% | Added |
| Charles Schwab Investment Management Inc | 184,284 | $34.8M | 0.01% | +1,969+1.1% | Added |
| Impax Asset Management Group plc | 165,208 | $31.2M | 0.20% | −35,000−17.5% | Reduced |
| UBS Group AG | 143,067 | $27.0M | 0.01% | +31,081+27.8% | Added |
| Russell Investments Group, Ltd. | 138,464 | $26.2M | 0.03% | +2,334+1.7% | Added |
| Wells Fargo & Company | 132,636 | $25.1M | 0.00% | +17,459+15.2% | Added |
| Fiera Capital Corp | 131,236 | $24.8M | 0.08% | +131,236 | New |
| Fisher Asset Management, LLC | 130,858 | $24.7M | 0.01% | +21,932+20.1% | Added |
| Jacobs Levy Equity Management, Inc | 126,754 | $24.0M | 0.09% | −935−0.7% | Reduced |
| Bank of Montreal | 126,063 | $23.8M | 0.01% | +294+0.2% | Added |
| Driehaus Capital Management LLC | 122,326 | $23.1M | 0.16% | −40,475−24.9% | Reduced |
| Bank of New York Mellon Corp | 122,265 | $23.1M | 0.00% | −5,234−4.1% | Reduced |
| Bank of America Corp | 120,169 | $22.7M | 0.00% | −2,240−1.8% | Reduced |
| Standard Life Aberdeen plc | 119,309 | $22.6M | 0.03% | −70,439−37.1% | Reduced |
| GW&K Investment Management, LLC | 117,432 | $22.2M | 0.19% | +85,297+265.4% | Added |
| Nomura Holdings Inc | 116,417 | $22.0M | 0.06% | −4,946−4.1% | Reduced |
| Royal Bank of Canada | 108,796 | $20.6M | 0.00% | +5,303+5.1% | Added |
| Legal & General Group Plc | 108,383 | $20.5M | 0.00% | +130.0% | Added |
| New York State Common Retirement Fund | 107,530 | $20.3M | 0.03% | +21,001+24.3% | Added |
| Penn Capital Management Co Inc | 98,848 | $18.7M | 1.49% | −8,434−7.9% | Reduced |
| Ameriprise Financial Inc | 98,264 | $18.6M | 0.00% | −2,979−2.9% | Reduced |
| Principal Financial Group Inc | 93,830 | $17.7M | 0.01% | −772−0.8% | Reduced |
| Clark Capital Management Group, Inc. | 79,778 | $15.1M | 0.09% | −3,213−3.9% | Reduced |
| Allspring Global Investments Holdings, LLC | 71,818 | $13.7M | 0.02% | −36,606−33.8% | Reduced |
| Dana Investment Advisors, Inc. | 69,396 | $13.1M | 0.38% | −3,263−4.5% | Reduced |
| First Trust Advisors LP | 69,220 | $13.1M | 0.01% | +17,532+33.9% | Added |
| Public Sector Pension Investment Board | 68,114 | $12.9M | 0.04% | −8,330−10.9% | Reduced |
| Castleark Management LLC | 66,736 | $12.6M | 0.37% | +2,060+3.2% | Added |
| Pictet Asset Management Holding SA | 64,386 | $12.5M | 0.01% | −2,582−3.9% | Reduced |
| Kornitzer Capital Management Inc | 60,342 | $11.4M | 0.24% | −30,825−33.8% | Reduced |
| Essex Investment Management Co LLC | 60,020 | $11.3M | 1.73% | −1,122−1.8% | Reduced |
| Advisor Group Holdings, Inc. | 59,405 | $11.2M | 0.02% | −41,337−41.0% | Reduced |
| Granite Investment Partners, LLC | 57,926 | $11.0M | 0.65% | −3,694−6.0% | Reduced |
| Rhumbline Advisers | 56,736 | $10.7M | 0.01% | −2,686−4.5% | Reduced |
| JPMorgan Chase & Co | 56,590 | $10.7M | 0.00% | +16,872+42.5% | Added |
| Nordea Investment Management AB | 53,725 | $10.2M | 0.01% | −7,276−11.9% | Reduced |
| SEI Investments Co | 46,368 | $8.77M | 0.01% | +18,944+69.1% | Added |
| F/M Investments LLC | 46,130 | $8.72M | 0.33% | −5,346−10.4% | Reduced |
| WCM Investment Management, LLC | 45,621 | $8.68M | 0.02% | +45,621 | New |
| Prudential Financial Inc | 45,636 | $8.63M | 0.01% | +16,609+57.2% | Added |
| Lisanti Capital Growth, LLC | 43,742 | $8.27M | 1.96% | +14,065+47.4% | Added |
| Uniplan Investment Counsel, Inc. | 42,364 | $8.01M | 0.80% | +188+0.4% | Added |
| American Century Companies Inc | 40,885 | $7.73M | 0.00% | −4,717−10.3% | Reduced |
| Swiss National Bank | 38,600 | $7.30M | 0.00% | +1,200+3.2% | Added |
| Nuveen, LLC | 37,599 | $7.11M | 0.00% | −499−1.3% | Reduced |
| D. E. Shaw & Co., Inc. | 36,551 | $6.91M | 0.01% | +19,037+108.7% | Added |
| BNP Paribas Arbitrage, SA | 34,957 | $6.61M | 0.00% | +30,865+754.3% | Added |
| Barclays PLC | 32,982 | $6.24M | 0.00% | +2,699+8.9% | Added |
| Envestnet Asset Management Inc | 27,735 | $5.24M | 0.00% | −4,180−13.1% | Reduced |
| New York State Teachers Retirement System | 26,950 | $5.09M | 0.01% | 00.0% | Unchanged |
| Legato Capital Management LLC | 26,241 | $4.96M | 0.43% | +9,944+61.0% | Added |
| Granahan Investment Management Inc | 26,050 | $4.93M | 0.21% | +1,088+4.4% | Added |
| CIBC World Markets Inc. | 25,630 | $4.85M | 0.01% | −33,501−56.7% | Reduced |
| Isthmus Partners, LLC | 24,708 | $4.67M | 0.52% | −4,790−16.2% | Reduced |
| Alliancebernstein L.P. | 24,171 | $4.57M | 0.00% | +1,918+8.6% | Added |
| Bessemer Group Inc | 23,510 | $4.44M | 0.01% | +22,764+3,051.5% | Added |
| Edgestream Partners, L.P. | 22,889 | $4.33M | 0.12% | +11,962+109.5% | Added |
| EAM Investors, LLC | 21,092 | $3.99M | 0.44% | −9,083−30.1% | Reduced |
| Calamos Advisors LLC | 21,045 | $3.98M | 0.02% | +312+1.5% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 20,902 | $3.95M | 0.01% | −934−4.3% | Reduced |
| Arrowstreet Capital, Limited Partnership | 20,036 | $3.79M | 0.00% | +20,036 | New |
| Woodstock Corp | 20,005 | $3.78M | 0.32% | −20−0.1% | Reduced |
| Price T Rowe Associates Inc | 19,992 | $3.78M | 0.00% | +1,077+5.7% | Added |
| Moody Aldrich Partners LLC | 19,581 | $3.70M | 0.69% | −6,303−24.4% | Reduced |
| California State Teachers Retirement System | 18,797 | $3.55M | 0.00% | +486+2.7% | Added |
| Raymond James Financial Inc | 18,756 | $3.55M | 0.00% | −104−0.6% | Reduced |
| Stifel Financial Corp | 18,722 | $3.54M | 0.00% | −1,790−8.7% | Reduced |
| Citigroup Inc | 18,292 | $3.46M | 0.00% | −3,095−14.5% | Reduced |
| Great West Life Assurance Co | 16,750 | $3.16M | 0.01% | −6,549−28.1% | Reduced |
| Linden Thomas Advisory Services, LLC | 16,575 | $3.13M | 0.32% | −231−1.4% | Reduced |
| Jane Street Group, LLC | 15,962 | $3.02M | 0.00% | −35,897−69.2% | Reduced |
| Qube Research & Technologies Ltd | 15,393 | $2.91M | 0.00% | +11,761+323.8% | Added |
| Martingale Asset Management L P | 15,322 | $2.90M | 0.07% | −3,150−17.1% | Reduced |
| Captrust Financial Advisors | 14,579 | $2.76M | 0.01% | −430−2.9% | Reduced |
| Caxton Associates LLP | 14,508 | $2.74M | 0.05% | 00.0% | Unchanged |